“Freedom” solo 401(k) Plan will allow independent contractors the ability to gain investment control and retirement freedom
IRA Financial Group, the leading Solo 401(k) Plan provider, announces the introduction of the “Freedom” individual 401(k) Plan designed exclusively for independent contractors, such as consultants and real estate brokers. IRA Financial Group’s new “Freedom” individual 401(k) Plan was designed to offer self-employed independent contractors a diverse and wide array of investment opportunities for their retirement funds, including real estate, precious metals, hard money lending, as well as stocks and mutual funds. In addition, the “Freedom” individual 401(k) plan will serve as a retirement vehicle allowing an independent contractor the ability to defer up $52,000 annually ($57,500 if over the age of fifty). “Our IRS approved “Freedom” individual 401(k) Plan is perfect for any independent contractor looking to make traditional as well as non-traditional investments, such as real estate with their retirement funds”, stated Adam Bergman, a tax partner with the IRA Financial Group.
According to Mr. Bergman, “when using the “Freedom” individual 401(k) for investments, such as real estate, income and gains are tax-deferred back into the retirement account. More important, with IRA Financial Group’s “Freedom” Solo 401k, real estate investments can be made on the spot as fast as you can write a check.
IRA Financial Group open “Freedom” individual 401(k) Plan was designed specifically to provide independent contractors with the ability to make high annual tax deferral contributions, as well as make a wide variety investment through a single retirement account from the comforts of a local bank account.
The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers who have worked at some of the largest law firms in the United States, such as White & Case LLP, Dewey & LeBoeuf LLP, and Thelen LLP.
IRA Financial Group is the market’s leading individual 401k plan provider. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate without custodian consent.